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1967 Australia Two Dollars - FPE
From the second year of decimal note production.
Nice condition note with signs of light handling.
Very light soiling and light creasing.
A great condition note from this era and a great investment.
Governor William Bligh was appointed, with backing by Sir Joseph Banks, to crack down on the commercial activities of the NSW Corps, especially their trade in alcohol. Macarthur and his friend and business associate Thomas Jamison (the colony's Principal Surgeon) were two prime targets. Macarthur clashed repeatedly with Bligh throughout 1807 while Jamison was dismissed from the magistracy.
Macarthur was owed a debt in wheat, the price of which had gone up fourfold, but on appeal Bligh ruled it was only payable at the original value. Bligh cancelled a lease Macarthur held for some government land that Bligh wanted to use and Macarthur tried to prevent Bligh taking hold of it.
When a convict stowed away and escaped to Tahiti on the Parramatta, a ship Macarthur part-owned, Bligh demanded that the 900 pound Transport Board bond be forfeited. Macarthur refused to comply and the ship was seized when it returned. In December 1807 Bligh had an order issued for Macarthur to appear before the courts, which Macarthur refused to obey and subsequently was arrested and bailed for a trial on 25 January 1808. This trial led to the so-called Rum Rebellion, when the officers of the NSW Corps, who had been assigned to the court, sided with Macarthur and his allies: as a consequence, Bligh was overthrown by the Corps in a military coup on 26 January.
Immediately after the 1808 rebellion took place, Macarthur dispatched his son Edward to London to convey Macarthur's version of the events. Accompanying him was the first bale of Australian wool to be exported. The British woollen mills were desperate for wool at the time because of the Napoleonic blockade, and the Australian bale sold for a record price.
Macarthur served as Colonial-Secretary in the rebel administration, until he was removed. Macarthur was sent to England where he remained for eight and half years to avoid an arrest warrant for him in Sydney. While there he put his sons into public schools and went for a tour of the continent. Macarthur had gained the right to return to Sydney through lobbying, but would not accept the conditions imposed, namely that he admit his wrongdoing and promise his good behaviour. He therefore remained in England until Lord Camden granted him unconditional return to NSW in 1817.
*All biographical details are taken from Wikipedia for education purposes only
Obverse: John Macarthur (1766 – 11 April 1834) was a soldier, entrepreneur, politician and pioneer of the Australian wool industry.
Reverse:William James Farrer (3 April 1845 – 16 April 1906) was a leading Australian agronomist and plant breeder. Farrer is best remembered as the originator of the "Federation" strain of wheat, distributed in 1903. His work resulted in significant improvements in both the quality and crop yields of Australia's national wheat harvest, a contribution for which he earned the title 'father of the Australian wheat industry'.
Watermark: Captain Cook in left panel